Elsamex S A participates for road rehabilitation

31 January 2012: Elsamex S.A., a subsidiary of the IL&FS Transportation Networks Company in Spain had participated in the bid tendered by the Ministry of Civil Works, Transports & Communications, Government of Haiti, for Rehabilitation works on 44.205 km of road on the National Route 3 between Hinche and Saint Raphael. The European Union Development Fund is funding the project.

Further the Company has informed that, Government of Haiti has awarded the contract to Elsamex SA. The time for completion of the project is 30 months. The contract value is Euro 40.72 Million (approx Rs 2,652.69 million).

Source: BSE